Does cash on delivery mean that you give the money when something is delivered
2006-08-27 11:58:40 · 19 answers · asked by 5674646 2 in Business & Finance ➔ Credit
Yes! You ARe Right!
"Cash on delivery or COD is a financial transaction where the payment of products and/or services received is done at the time of actual delivery rather than paid for in advance. The term is mainly applied to products purchased from a third party, as the normal Western convention for services is that payment is not made until the services have been performed.
The concept of cash in this case is often blurred, because most companies also accept cheques, credit cards or debit cards."
2006-08-27 12:03:18 · answer #1 · answered by iluv2mwah 2 · 0⤊ 0⤋
Well, lets back up a minute and define the word "Delivery", you see the ancient Mayans believe that having something delivered means someone physically bringing something to you. So in your case, yes giving cash to someone in exchange for there delivery is correct.
2006-08-27 13:55:17 · answer #2 · answered by TNA Ambassador 6 · 0⤊ 0⤋
Yes, Typically a check, money order or actual cash must be paid before the delivery person will release the item to you.
2006-08-27 12:02:49 · answer #3 · answered by Anonymous · 0⤊ 0⤋
just like it says Cash on Delivery
2006-08-27 12:01:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes it means cash on delivery. It's not used much anymore. Ifact if you read ads, you often see NO COD's
2006-08-27 13:08:01 · answer #5 · answered by Classy Granny 7 · 0⤊ 0⤋
Unfortunately, no. You pay the cash when the delivery is made.
2006-08-27 12:03:54 · answer #6 · answered by beez 7 · 0⤊ 0⤋
yes in other words you pay for whatever it is that is being delivered at the time of delivery
2006-08-27 12:00:54 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Yes
2006-08-31 09:18:34 · answer #8 · answered by Sarah J 2 · 0⤊ 0⤋
C.O.D. means cash, check, money order, and it can possibly be a credit or debit card (if they can accept it but rarely) on delivery. C.C.O. means collect cash only.
2006-08-30 16:49:51 · answer #9 · answered by dave 2 · 0⤊ 0⤋
it means that a package will be delivered to your home; however; you need to pay the delivery guy before he hands it over to u!
2006-08-27 12:02:17 · answer #10 · answered by jeanne g 4 · 0⤊ 0⤋